News
Perennial Real Estate Holdings Q1 profit crashed 86.7% to $5.14m
Perennial Real Estate Holdings Q1 profit crashed 86.7% to $5.14m
Its earnings were hit by the partial divestment of TripleOne Somerset.
Fraser and Neave profits jumped to $15.39m in Q2
But its publishing segment continued to suffer as losses widened to $8.4m.
Daily Briefing: Aslan Pharma raised US$42m in US IPO; Can Venture's stock make a comeback?
And here are 14 Belt and Road deals that Singapore firms inked in a trade meeting in Zhejiang.
Chart of the Day: Commercial investment sales crashed 86% to $437.4m
The sale of Capitol Singapore was the lone major transaction in the quarter.
Daily Markets Briefing: STI up 0.29%
Investors are urged to take caution today.
SIA flies back into the black as 2017 profits may hit $765m
This reverses a $6.4m loss the airline registered in Q4.
OCBC rolls out $20m digital upskilling programme
The OCBC Future Smart Programme will be available for the bank’s 29,000 employees across the world.
Here's how UOB plans to raise returns
Its return on equity could only hit 12% if its net interest margin maintains an upward trend.
2 in 5 Singaporeans open to going cashless for up to three days: study
Residents are carrying less cash as they turn to card and contactless payments.
Deliveroo launches insurance policy for riders
The company said the move will cost US$13.5m in the initial year.
Banks poised for widening NIMs
DBS and UOB posted sequential 5bps and 3bps widening respectively in Q1.
Keppel sells Shenyang City township project for $105m
It sold its interests in Keppel Bay Property Development Shenyang, which owns the project.
RCR private condo prices up 12.6% in April
This helped boost overall prices by 9.5%.
Chart of the Day: $5.8b in collective home sales dominated residential investment transactions in Q1
This marks the best performance of the segment in eleven years.
Daily Briefing: Maybank rolls out digital upskilling programme; Sembcorp net debt hits $7.29b as of end-March
And the government is updating the Bukit Timah Heritage Trail.
Daily Markets Briefing: STI down 0.35%
Investors are urged to take caution.
DBS non-performing loan formation in Q1 hits 4-year low
New NPLs declined 63% to $195m.
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